DEADLINE ALERT: Brower Piven Alerts Shareholders Of Approaching
Deadline In Class Action Lawsuit And Encourages Those With Losses In
Excess Of $100,000 From Investment In FTD Companies, Inc. To Contact The
Firm

April 26, 2017 03:43 PM Eastern Daylight Time

STEVENSON, Md.--(BUSINESS WIRE)--The securities litigation law firm of Brower Piven, A Professional
Corporation, announces that a class action lawsuit has been commenced in
the United States District Court for the Northern District of Illinois
on behalf of purchasers of FTD Companies, Inc. (NASDAQ: FTD) (“FTD” or
the “Company”) securities during the period between March 13, 2015 and
March 14, 2017, inclusive (the “Class Period”). Investors who wish to
become proactively involved in the litigation have until May 19, 2017 to
seek appointment as lead plaintiff.

If you wish to choose counsel to represent you and the class, you must
apply to be appointed lead plaintiff and be selected by the Court. The
lead plaintiff will direct the litigation and participate in important
decisions including whether to accept a settlement for the class in the
action. The lead plaintiff will be selected from among applicants
claiming the largest loss from investment in FTD securities during the
Class Period. Members of the class will be represented by the lead
plaintiff and counsel chosen by the lead plaintiff. No class has yet
been certified in the above action.

The complaint accuses the defendants of violations of the Securities
Exchange Act of 1934 by virtue of the defendants’ failure to disclose
during the Class Period that FTD’s financial statements contained errors
relating to the assessment of cross-border indirect taxes and that FTD
had overstated the benefits of its Provide acquisition.

According to the complaint, following the March 14, 2017 announcement
that the Company had identified errors relating to the assessment of
cross-border indirect taxes that would cause it to revise its
previously-reported consolidated financial statements for the years
ended December 31, 2015 and 2014 and for the quarters in the years ended
December 31, 2015 and 2016, the value of FTD shares declined
significantly.

If you have suffered a loss in excess of $100,000 from investment in FTD
securities purchased on or after March 13, 2015 and held through the
revelation of negative information during and/or at the end of the Class
Period and would like to learn more about this lawsuit and your ability
to participate as a lead plaintiff, without cost or obligation to you,
please visit our website at http://www.browerpiven.com/currentsecuritiescases.html.
You may also request more information by contacting Brower Piven either
by email at hoffman@browerpiven.com
or by telephone at (410) 415-6616. Brower Pivenalso encourages
anyone with information regarding the Company’s conduct during the
period in question to contact the firm, including whistleblowers, former
employees, shareholders and others.

Attorneys at Brower Piven have extensive experience in litigating
securities and other class action cases and have been advocating for the
rights of shareholders since the 1980s. If you choose to retain counsel,
you may retain Brower Piven without financial obligation or cost to you,
or you may retain other counsel of your choice. You need take no action
at this time to be a member of the class.